4905 English DrFarmingtonNM87402
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Farmington at 4905 English Dr, Farmington, NM, 87402 offers $3,331/mo rent that, after a $1,787/mo payment, leaves $1,188/mo cash flow. Total monthly income is $3,331/mo, and annual cash flow is $14,256/yr on $121,031 cash. Return on cash invested measures 31.69% in year one, and rental yield stands at 10.95% at a $365,100 entry. Equity gained on principal adds $2,356/yr while 5% annual appreciation compounds into $100,870 by year five. Five-year ROI records 165.62% and total cumulative return in cash reaches $200,451. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,331/mo property income versus a $1,787/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1982
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87402, Farmington, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,336 (100%) |
| Owner Occupied HU | 3,102 (71.5%) |
| Renter Occupied HU | 960 (22.1%) |
| Vacant Housing Units | 274 ( 6.3%) |
| Median Home Value | $285,255 |
| Average Home Value | $315,181 |
Housing Distribution
Address Breakdown
Residential
4,259
Single Family
4,243
Multi-Family
16
Businesses
455
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Listed by: N/A • N/A
Mls Name: Exit Realty
Mls Provider:
Mls ID: #24-1037